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Topic: Bitcoin price fall below $5,500. - page 2. (Read 2060 times)

full member
Activity: 210
Merit: 100
busy in real life, long post gap is understandable
October 24, 2017, 10:56:12 PM
#94
Panic selling and Weak Hodlers as usual and one of the reason is ALTCOIN uptrend is on it'w way since BTG fork have already been done. Let's wait after the november fork on what will happen to Bitcoin's price.
sr. member
Activity: 1400
Merit: 420
October 24, 2017, 10:42:10 PM
#93
The decline was expected after the pump in past few days but i'm sad as I need to sold some BTC to pay daily expenses. And could do it yesterday when was +10%.
Me too, I also sold some of my bitcoins to help out my daily needs but I did that yesterday. I know this price is normal and a normal price correction. After reaching the top price for this month and We hope that it wont drop that into deepest.

Many people tend to panic sell their coins when Bitcoin's price goes down after the price hike and I am feel sorry for them because they think the price of Bitcoin is always going up and there is no corrections that will occur. All those issues that is thrown in Bitcoin is nothing now and we must all trust the system if we really believe in the growth of Bitcoin despite of the plummet in prices.
erk
hero member
Activity: 826
Merit: 500
October 24, 2017, 10:32:43 PM
#92
It's just people trying to short the markets like usual, it will flip around.
full member
Activity: 210
Merit: 100
busy in real life, long post gap is understandable
October 24, 2017, 10:25:13 PM
#91
We still have the November Fork, this price fall is expected and if it will continue to fall down before november fork then we will wait more time to watch another uptrend for bitcoin's price.
full member
Activity: 266
Merit: 107
October 24, 2017, 10:24:48 PM
#90
The decline was expected after the pump in past few days but i'm sad as I need to sold some BTC to pay daily expenses. And could do it yesterday when was +10%.
Me too, I also sold some of my bitcoins to help out my daily needs but I did that yesterday. I know this price is normal and a normal price correction. After reaching the top price for this month and We hope that it wont drop that into deepest.
member
Activity: 71
Merit: 250
October 24, 2017, 10:13:50 PM
#89
The decline was expected after the pump in past few days but i'm sad as I need to sold some BTC to pay daily expenses. And could do it yesterday when was +10%.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
October 24, 2017, 09:38:31 PM
#88
Price movements fall below $5500 I believe this is only a temporary price movement before it moves up again, I don't think bitcoin price will not go down until it reach at $4000 it can still moving higher above $5500 might even to reach $6000 again. Well hope so, I just expected it only.

now the price down $53xx and still going down but i still believe that the price will go up again. be patience to wait the process its finish and don't panic to see this, use this chance to buy more bitcoin because the price is down. we don't know until how much the price will down but we can use the opportunity to buy again. i think the price will go up after this end of the month so in next month, bitcoin will be stay at the top price again.
full member
Activity: 392
Merit: 100
October 24, 2017, 09:27:11 PM
#87
Price movements fall below $5500 I believe this is only a temporary price movement before it moves up again, I don't think bitcoin price will not go down until it reach at $4000 it can still moving higher above $5500 might even to reach $6000 again. Well hope so, I just expected it only.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
October 24, 2017, 09:13:36 PM
#86
Bitcoin's going down again for the nth times? Upcoming events like that segwit2x affects the price movements of bitcoin but the corrections often occurs only in a several days and the price resume its upward swing again. The bitcoin has shown a strong resilience amidst Chinese crackdown of its cryptocurrency exchanges but later the price goes back to its climbing mood again. The temporary dip might be good to those who want buy a cheaper bitcoin.
I saw an exchanger this morning and it turns out the bitcoin price dropped quite drastically. The first time I was anxious and wanted to sell the bitcoin I had. But I think because of the experience that happened earlier that this will only last a moment only and the price will likely increase again. I try to wait until the price returns to normal rates as before. It takes patience and confidence to be able to believe in the power that bitcoin has.

This is just normal for bitcoin, another roadblock to overcome. No need to be anxious and nervous. The panic dumping has started but I'm sure it will just be temporary. I think bitcoin holders are just cashing out nothing more. The marketcap didn't move that much so I guess only few traders have really moved their balances to altcoins. Just traders cashing out and exchanging to fiat and enjoy their easy free money from bitcoin cash. I'm sure once the price goes a little bit lower, almost at $5000, they will start buying back bitcoin again. Just trust and believed in the system and we are going to be all right.
legendary
Activity: 1526
Merit: 1001
October 24, 2017, 09:06:40 PM
#85
Bitcoin's going down again for the nth times? Upcoming events like that segwit2x affects the price movements of bitcoin but the corrections often occurs only in a several days and the price resume its upward swing again. The bitcoin has shown a strong resilience amidst Chinese crackdown of its cryptocurrency exchanges but later the price goes back to its climbing mood again. The temporary dip might be good to those who want buy a cheaper bitcoin.
I saw an exchanger this morning and it turns out the bitcoin price dropped quite drastically. The first time I was anxious and wanted to sell the bitcoin I had. But I think because of the experience that happened earlier that this will only last a moment only and the price will likely increase again. I try to wait until the price returns to normal rates as before. It takes patience and confidence to be able to believe in the power that bitcoin has.
member
Activity: 217
Merit: 14
October 24, 2017, 09:05:01 PM
#84
At present the price is around $5500. If the same price decrease continues, automatically the value will go low as the stated less than $5500. Here most users have speculated that the price will grow soon, even if it goes much lower than $5500 based on the incoming users.
sr. member
Activity: 826
Merit: 256
October 24, 2017, 08:31:36 PM
#83
Bitcoin's going down again for the nth times? Upcoming events like that segwit2x affects the price movements of bitcoin but the corrections often occurs only in a several days and the price resume its upward swing again. The bitcoin has shown a strong resilience amidst Chinese crackdown of its cryptocurrency exchanges but later the price goes back to its climbing mood again. The temporary dip might be good to those who want buy a cheaper bitcoin.
hero member
Activity: 2870
Merit: 594
October 24, 2017, 08:30:30 PM
#82
Yes, but it looks like it should be expected as investors are getting their bitcoin back to their wallet and hodl again for long time. They just deposited it to exchanges in anticipation of the free coins coming from bitcoin gold, while others already sold off their bitcoins and shift back to their beloved altcoins. There's no special about it. It was expected and maybe it will still drop a little bit and then gain momentum once more for the November segwit2x implementation.
hero member
Activity: 1484
Merit: 516
October 24, 2017, 07:32:04 PM
#81
The decline will happen ready ready for you to sell now to get a continuous profit,I see this decrease will happen until at 4k$-5k$ in november later you can buy back your BTC at that time.I also so but this is just a suggestion from me by the way all up to you because you decide when you sell. Wink
sr. member
Activity: 1274
Merit: 263
October 24, 2017, 07:29:43 PM
#80
If you seethe prive today the pruce of bitcoin decrease and its already 5600 dollars only last fee days the price is 6000 dollars . I hope yhe price of bitcoin will go back to yhe highest current price so we can make more profit. 7k dollars possible next month to happen so if you have extra money its better if you invest now in bitcoin but I suggest dont put all your money in bitcoin because they have possible the price to decrease again. Its up to you if you buy bitcoin or not.
full member
Activity: 352
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!
October 24, 2017, 07:14:02 PM
#79
The pricing has reached a new all time high just few days back. As of today the pricing is $5519.64 which is the result of correction. The drop will always be the result of people cashing out there profit and it will stop soon and starts to increase again.
hero member
Activity: 1078
Merit: 514
October 23, 2017, 03:30:26 AM
#78
This price correction was just a matter of time and I thing that it will, maybe, drop down to somewhere around $4600 but then it would start going back up again just as it did some days ago. It was expected after the price jumped for $1000 in 2 days.
it is usual that bitcoin is jump and down. When the price jump, means the number of demand increases and vise versa. the price now is about 5000- 6000. When bitcoin falls from 5800 to 5200, it is not too significant, I think it is just profit taking action by traders. I think we would worry if the price drops to 3000 from 5500. This a deep plunge.
The price is dropping cause of people are selling their founds by new bitcoin's price records, but I think they will regret about this soon, especially those one who had big amount of coins. Look, the price extremely is getting close to 7000$, which I believe is going to be reached by the end of the year, so just imagine that kind of profit that people with huge amount of coins would have if bitcoin would cost 1000$ higher!
hero member
Activity: 1834
Merit: 523
October 22, 2017, 05:10:26 PM
#77
Today price of bitcoin is already 6000 dollars plus and I hope we see the price of 7k dollars this month or maybe before end of this yesr 2017.  So you can buy more bitcoin now with your extra money and for sure you will be happy to the result because you can earn more profit for sure in the future. Hold your bitcoin is the best to do right now dont panic selling even they have fork.
full member
Activity: 326
Merit: 103
OrangeFren.com
October 22, 2017, 02:24:07 PM
#76
It is logically the price falls in the last time. It increased over 1000$ in one day wich is huge. Right now I think the price will be stable at 5500$ until the fork in november when it will either go up very much , either remain the same or a bit lower. Anyway the price is always increasing every year we just have to wait for it
hero member
Activity: 616
Merit: 500
October 22, 2017, 02:16:36 PM
#75
I have been following bitcoin price since the recent upwards price movement and I think $5875 has become the high and corrections has began. Checking price chart this morning I discovered that the down channel's line has been broken and that signal a dropped in buying momentum and price may get below  $5,000. However, this is another opportunity to buy bitcoin at a very cheap prices as before the end of this year bitcoin might hit $7,000. This corrections is not going to be a long one,  it might just be three to four days and we would resumes another upwards movement again.

Yes you are correct, once the bitcoin value rose up to its peak then in few moment there will be a correction that gonna happen because some gets their profit and may come back to its range value again.
But we are really hoping for the that $7000 per bitcoin value this coming year end.

Price has gone below $6k now which indicates that people have started to dump their coins in order to make good profits and there will be many people who will prefer to hold their coins till the end of the year as everyone is hoping that price can go even to 10000 usd at that time.
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